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Experts disagree on World Bank Development Report

By Patrick Kagenda Central Bank Governor Tumusime Mutebile called it “the most innovative thinking in development literature in 30 years” but the 2009 World Development Report has sparked strong opposition among Uganda’s economic experts. They disagree on answers to two fundamental questions posed by the report: Whether the growing concentrations …

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BoU allows free fall of shilling

By Patrick Kagenda But analysts warn strategy could backfire if inflation spirals Did the Central Bank intervene late last month in the local foreign currency market? According to media reports, unnamed Central Bank officials confirmed it had intervened on March 25 to prop up an already strong dollar against the …

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Likely new faces at the Supreme Court

By Rosebell Kagumire Two years before the presidential and parliamentary elections, there is increasing concern over whether the judiciary is capable of ruling against the government, should allegations of wrongdoing in the presidential election arise again. The judiciary has demonstrated some independence in recent years, especially in the settling of …

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